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Board reviews October 2020 financials; administrator explains state 'short tax' makeup
Summary
The board reviewed October 2020 finances: $270,541.75 in monthly expenditures, fiscal‑year revenue of $1,003,544.97 and a $35,555.61 state short‑tax makeup payment that offsets prior local tax shortfalls.
Administrators presented the district’s October 2020 financial report, noting monthly expenditures of $270,541.75 and year‑to‑date revenue of $1,003,544.97. Instructional expenditures for the month were $157,683.69, leaving a stated percentage of that budget remaining. The presenter walked trustees through department and program breakouts (transportation, maintenance, major maintenance and…
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